Bisys Group Inc., a leading partner of banks that manage mutual funds, has broken through the $100 billion mark in assets under administration, far outdistancing its closest rivals.

In the quarter that ended Sept. 30, the Little Falls, N.J.-based company's fund services arm handled $101.6 billion of assets for its bank clients, according to Lipper Analytical Services, Summit, N.J. That's a 23% increase since June 30, and an 87% rise since Sept. 30, 1995.

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